Posted by ed copp on September 12, 2006 at 20:38:44:
another tax question anyone??? - Posted by mike
Posted by mike on September 09, 2006 at 18:59:06:
when an assignment of contract is done.and you accept a fee,is fee taxed as plain income according to your tax liability?? thanks in advance!
Re: another tax question anyone??? - Posted by Tim
Posted by Tim on September 10, 2006 at 15:28:24:
Take every expense deduction that you can think of, including every mile driven.
Think about taking a section 179 deduction and writing off an asset you purchased for use in your business. You could potentially offset a substantial portion of your taxable income.
Don’t forget about the home office deduction.
Re: another tax question anyone??? - Posted by Dave T
Posted by Dave T on September 09, 2006 at 21:35:07: